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Side-by-side financial comparison of Compass Diversified Holdings (CODI) and Palomar Holdings, Inc. (PLMR). Click either name above to swap in a different company.
Compass Diversified Holdings is the larger business by last-quarter revenue ($468.6M vs $253.4M, roughly 1.8× Palomar Holdings, Inc.). On growth, Palomar Holdings, Inc. posted the faster year-over-year revenue change (62.7% vs -5.1%). Palomar Holdings, Inc. produced more free cash flow last quarter ($409.0M vs $36.9M). Over the past eight quarters, Palomar Holdings, Inc.'s revenue compounded faster (46.2% CAGR vs 6.8%).
Compass Diversified Holdings is a publicly traded holding firm that acquires and operates a diverse portfolio of middle-market businesses across sectors including consumer goods, industrial manufacturing, outdoor recreation, and food & beverage. It partners with portfolio company leadership teams to drive long-term operational growth and value creation, primarily serving North American markets.
Palomar Holdings, Inc. is a specialty insurance holding company that primarily provides property insurance products for catastrophe-exposed residential and commercial assets. It mainly operates across the United States, focusing on core segments including earthquake, flood, and windstorm coverage to meet high-risk property protection demands of customers.
CODI vs PLMR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $468.6M | $253.4M |
| Net Profit | $-78.8M | — |
| Gross Margin | 43.1% | — |
| Operating Margin | 9.8% | 28.7% |
| Net Margin | -16.8% | — |
| Revenue YoY | -5.1% | 62.7% |
| Net Profit YoY | -14.4% | — |
| EPS (diluted) | $-0.91 | $2.05 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $468.6M | $253.4M | ||
| Q3 25 | $472.6M | $244.7M | ||
| Q2 25 | $478.7M | $203.3M | ||
| Q1 25 | $453.8M | $174.6M | ||
| Q4 24 | $493.9M | $155.8M | ||
| Q3 24 | $456.6M | $148.5M | ||
| Q2 24 | $426.7M | $131.1M | ||
| Q1 24 | $410.8M | $118.5M |
| Q4 25 | $-78.8M | — | ||
| Q3 25 | $-74.0M | $51.5M | ||
| Q2 25 | $-51.2M | $46.5M | ||
| Q1 25 | $-30.0M | $42.9M | ||
| Q4 24 | $-68.9M | — | ||
| Q3 24 | $-36.0M | $30.5M | ||
| Q2 24 | $-73.1M | $25.7M | ||
| Q1 24 | $-56.2M | $26.4M |
| Q4 25 | 43.1% | — | ||
| Q3 25 | 44.0% | — | ||
| Q2 25 | 43.6% | — | ||
| Q1 25 | 43.2% | — | ||
| Q4 24 | 38.6% | — | ||
| Q3 24 | 43.1% | — | ||
| Q2 24 | 44.1% | — | ||
| Q1 24 | 42.6% | — |
| Q4 25 | 9.8% | 28.7% | ||
| Q3 25 | -2.3% | 27.4% | ||
| Q2 25 | -5.7% | 29.5% | ||
| Q1 25 | 0.8% | 30.8% | ||
| Q4 24 | -3.8% | 28.9% | ||
| Q3 24 | 1.8% | 25.9% | ||
| Q2 24 | 1.8% | 25.5% | ||
| Q1 24 | -2.9% | 29.0% |
| Q4 25 | -16.8% | — | ||
| Q3 25 | -15.7% | 21.0% | ||
| Q2 25 | -10.7% | 22.9% | ||
| Q1 25 | -6.6% | 24.6% | ||
| Q4 24 | -13.9% | — | ||
| Q3 24 | -7.9% | 20.5% | ||
| Q2 24 | -17.1% | 19.6% | ||
| Q1 24 | -13.7% | 22.3% |
| Q4 25 | $-0.91 | $2.05 | ||
| Q3 25 | $-1.21 | $1.87 | ||
| Q2 25 | $-0.88 | $1.68 | ||
| Q1 25 | $-0.59 | $1.57 | ||
| Q4 24 | $-0.57 | $1.29 | ||
| Q3 24 | $-0.62 | $1.15 | ||
| Q2 24 | $-1.12 | $1.00 | ||
| Q1 24 | $-1.52 | $1.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $68.0M | $106.9M |
| Total DebtLower is stronger | $1.9B | — |
| Stockholders' EquityBook value | $442.0M | $942.7M |
| Total Assets | $3.0B | $3.1B |
| Debt / EquityLower = less leverage | 4.25× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $68.0M | $106.9M | ||
| Q3 25 | $61.1M | $111.7M | ||
| Q2 25 | $73.8M | $81.3M | ||
| Q1 25 | $146.2M | $119.3M | ||
| Q4 24 | $59.7M | $80.4M | ||
| Q3 24 | $64.9M | $86.5M | ||
| Q2 24 | $61.5M | $47.8M | ||
| Q1 24 | $59.5M | $61.4M |
| Q4 25 | $1.9B | — | ||
| Q3 25 | $1.9B | — | ||
| Q2 25 | $1.9B | — | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | $1.8B | — | ||
| Q2 24 | $1.7B | — | ||
| Q1 24 | $1.7B | — |
| Q4 25 | $442.0M | $942.7M | ||
| Q3 25 | $519.2M | $878.1M | ||
| Q2 25 | $601.9M | $847.2M | ||
| Q1 25 | $680.7M | $790.4M | ||
| Q4 24 | $678.6M | $729.0M | ||
| Q3 24 | $672.2M | $703.3M | ||
| Q2 24 | $711.3M | $532.6M | ||
| Q1 24 | $799.7M | $501.7M |
| Q4 25 | $3.0B | $3.1B | ||
| Q3 25 | $3.2B | $2.9B | ||
| Q2 25 | $3.3B | $2.8B | ||
| Q1 25 | $3.4B | $2.4B | ||
| Q4 24 | $3.3B | $2.3B | ||
| Q3 24 | $3.3B | $2.3B | ||
| Q2 24 | $3.2B | $2.0B | ||
| Q1 24 | $3.3B | $1.9B |
| Q4 25 | 4.25× | — | ||
| Q3 25 | 3.62× | — | ||
| Q2 25 | 3.09× | — | ||
| Q1 25 | 2.73× | — | ||
| Q4 24 | 2.61× | — | ||
| Q3 24 | 2.64× | — | ||
| Q2 24 | 2.42× | — | ||
| Q1 24 | 2.15× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $47.0M | $409.1M |
| Free Cash FlowOCF − Capex | $36.9M | $409.0M |
| FCF MarginFCF / Revenue | 7.9% | 161.4% |
| Capex IntensityCapex / Revenue | 2.2% | 0.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-51.1M | $700.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $47.0M | $409.1M | ||
| Q3 25 | $10.7M | $83.6M | ||
| Q2 25 | $-35.2M | $120.9M | ||
| Q1 25 | $-29.3M | $87.2M | ||
| Q4 24 | $-16.1M | $261.2M | ||
| Q3 24 | $-48.4M | $100.3M | ||
| Q2 24 | $-61.3M | $55.1M | ||
| Q1 24 | $-25.4M | $33.1M |
| Q4 25 | $36.9M | $409.0M | ||
| Q3 25 | $481.0K | $83.6M | ||
| Q2 25 | $-46.0M | $120.8M | ||
| Q1 25 | $-42.4M | $87.1M | ||
| Q4 24 | $-39.0M | $260.9M | ||
| Q3 24 | $-63.5M | $100.1M | ||
| Q2 24 | $-72.2M | — | ||
| Q1 24 | $-33.1M | — |
| Q4 25 | 7.9% | 161.4% | ||
| Q3 25 | 0.1% | 34.2% | ||
| Q2 25 | -9.6% | 59.4% | ||
| Q1 25 | -9.4% | 49.9% | ||
| Q4 24 | -7.9% | 167.5% | ||
| Q3 24 | -13.9% | 67.4% | ||
| Q2 24 | -16.9% | — | ||
| Q1 24 | -8.1% | — |
| Q4 25 | 2.2% | 0.1% | ||
| Q3 25 | 2.2% | 0.0% | ||
| Q2 25 | 2.3% | 0.0% | ||
| Q1 25 | 2.9% | 0.0% | ||
| Q4 24 | 4.6% | 0.2% | ||
| Q3 24 | 3.3% | 0.1% | ||
| Q2 24 | 2.6% | 0.0% | ||
| Q1 24 | 1.9% | 0.0% |
| Q4 25 | — | — | ||
| Q3 25 | — | 1.63× | ||
| Q2 25 | — | 2.60× | ||
| Q1 25 | — | 2.03× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.29× | ||
| Q2 24 | — | 2.14× | ||
| Q1 24 | — | 1.26× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CODI
| Other | $119.5M | 26% |
| A5.11Tactical | $113.9M | 24% |
| Sterno Products | $85.9M | 18% |
| Altor | $60.8M | 13% |
| The Honey Pot | $36.0M | 8% |
| Arnold | $25.4M | 5% |
| Velocity Outdoor | $18.7M | 4% |
| Lugano | $8.3M | 2% |
PLMR
Segment breakdown not available.
